Bitcoin Maintains Mixed Bias Hanging Above 6000

The combination of current sentiment and recent changes gives us a further mixed Bitcoin trading bias.


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Gold: Weekly Short Positions Grow 13.5%

Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.


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AUD Breaches Bearish Channel, GBP Choppy on Brexit Newsflow - US Market Open

The US Dollar is on the backfoot to begin the month with the index losing 0.6% having failed to consolidate above the 97.00 handle. AUDUSD has made a breach of the topside of the descending channel.


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US Dollar Drops to Fibonacci Support to Start November, NFP on Deck

The US Dollar has finally pulled back from the bullish breakout that's run for the past two weeks, and a bit of support has shown around a key Fibonacci level.


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Bank of England Leaves Rates Unchanged, Sterling (GBP) Remains Supported

The Bank of England (BoE) left all monetary policy measures unchanged, as expected, and said that any rate hikes would be limited and gradual.


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Dismal ISM Manufacturing Survey to Fuel EUR/USD Rebound

Updates to the ISM Manufacturing survey may rattle the U.S. dollar as the index is expected to narrow to 59.0 from 59.8 in September.


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AUDUSD and NZDUSD on Cusp of Breaking Above Key Levels, Lines

Aussie and Kiwi have been stuck in downtrends for most of the year, but some relief could come with important hurdles on the verge of being jumped.


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FTSE 250 Outperforms FTSE 100 on Brexit Developments

The FTSE 250 is outperforming the FTSE 100, given its larger exposure to domestic developments with a firmer Sterling supporting the index. However, officials have poured cold water on latest Brexit developments


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GBP Price: Positive Brexit News Boosts Sterling, BOE Ahead

News that the EU and the UK have reached a tentative agreement over financial services post-Brexit has given Sterling a strong boost ahead of the latest Bank of England (BoE) monetary policy announcement.


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S&P 500, Dow Jones, and Nasdaq 100 Prices Retest Broken Trend Support

Watch how U.S. indices respond to retest of critical thresholds, another swoon lower could soon be in the works...


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Pound Eyes Carney Brexit Comments, China Stokes Stimulus Hopes

The British Pound is eyeing an assessment of a no-deal Brexit outcome from BOE Governor Carney for direction. China has signaled more fiscal stimulus is ahead.


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Gold Prices May Keep Falling as ISM Data Lifts Fed Rate Hike Bets

Gold prices may continue to fall as October’s US manufacturing ISM survey boosts Fed rate hike bets. Crude oil prices may enjoy a respite after recent selling.


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Most Asian Stocks Up, Brexit Latest May Extend FTSE 100 Gains Next

Most Asian stocks followed S&P 500 higher, especially Shanghai Composite. Australian Dollar rallied on trade data. British Pound rose on Brexit news and FTSE 100 may extend gains next.


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An Australian Dollar Spoiling for a Rally with the Right Spark

Despite volatile risk trends and downward fundamental pressure, the Australian Dollar has held strong in the face of high profile themes.


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A Risk Bounce with Few Fundamental Footholds and a Large S&P 500 Tail, Dollar Breakout?

Despite the strong gap higher on Wednesday, US equities faced key former support as resistance and ended with a large tail. Brexit and Italy continue to be critical market themes.


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EUR/USD Technical Analysis: Critical Long-Term Support Broken

The Euro finished October with a break below support capping losses for five months, opening the way for the decade-long downtrend to resume.


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Nikkei 225 Technical Analysis: Key Channel Top Lies In Balance

The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to break if the bulls are to push on


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Japanese Yen Technical Analysis: USD Fights Back, May Be Tired

The Japanese Yen has come under renewed pressure against the Dollar, which has so far averted a key downside test in USD/JPY. Dollar bulls still have work to do, however


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AUD/USD Prices Aim Higher on Trade Balance Ahead of RBA Decision

AUD/USD soared on better-than-expected September Australian trade balance data, but upside momentum may be at risk due to rate differentials or risk aversion as the RBA nears.


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Crude Oil Price Falls on Record US Output, Trade Data May Hurt AUD

The British Pound rose on Brexit deal hopes while oil prices fell on record US crude output data as stocks and FX diverged. Australian Dollar may fall on a weaker trade surplus.


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